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Hayek's Plan for Private Money

10 hours agoMises Daily Articles
Hayek’s last proposal for monetary reform calls for privately issued, competing fiat currencies. It's debatable whether or not this is a good idea.
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How Government-Owned Streets Prevent Effective Law Enforcement

Blog09/12/2020

“Taking back the streets” ought to mean privatizing them and enabling property owners to defend their property. This would be the surest way to end the riots.

It's Far Too Late to Think Lockdowns Can Make Covid-19 Go Away

Blog09/12/2020

Far from stopping the spread of covid-19, lockdowns, only push deaths into the future. Unless a vaccine is imminent or a 100 percent total lockdown is imposed, lockdown won't cause big reductions in total deaths.

From 9/11 to Covid-19: Nineteen Years of Permanent "Emergency"

Blog09/11/2020

Whether we're commanded to trust the experts, abandon the rule of law, or venerate government for "keeping us safe," the 9/11 panic and our current crisis have many things in common.

Man, Economy, and State: The Finale

09/11/2020Audio/Video

We have reached the end of Murray Rothbard's definitive treatise Man, Economy, and State

Risk and Uncertainty

Blog09/11/2020

The distinction between risk and uncertainty is a key tenet of the Austrian school. Mainstream neoclassicists reject it.

Mandatory Covid-19 Vaccination Is Unethical and Unscientific

Blog09/11/2020

We are fortunate to have vaccines as options in many cases. But mandatory vaccination can never be justified. If a vaccine were clearly 100 percent efficacious and 100 percent safe, there would be no need for coercion; people would voluntarily line up to take it.

Governments Never Give Up Power Voluntarily

Blog09/10/2020

"Politically there is nothing more advantageous for a government than an attack on property rights, for it is always an easy matter to incite the masses against the owners of land and capital."

The Fed’s New Policy Risks a Return of the 1970s

Blog09/10/2020

The Fed has abandoned its own rules on "price stability" in order to favor what are essentially higher inflation targets. The Fed is now headed down a road it traveled in the 1970s.

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